Deputy Assistant Secretary of the Navy (Budget)

The BOTTOM LINE

Fiscal Year 2024 Department of the Navy Budget Submission
The Department of the Navy’s (DON) FY 2024 President’s Budget (PB24) request is $255.8B, an increase of $11.0B from the FY
2023 enacted budget (with supplementals). The budget request reflects the Nation’s priorities, guided by a hierarchy of strategic
doctrines.
The Navy and Marine Corps team integrate resources across disparate domains and elements of national power to deter adversaries
and campaign forward. This approach will deliver the integrated deterrence at sea required by the National Defense Strategy (NDS).
The budget reflects the consistent priorities of Columbia Nuclear strategic deterrence, readiness, modernization/capabilities, and
capable capacity in order to implement the NDS and builds upon force design initiatives. The budget invests in quality of life
initiatives for Sailors, Marines, and Civilians, and upgrades facilities for new capabilities.
Secretary Del Toro has a clear strategic vision centered on three priorities: strengthen maritime dominance, build a culture of
warfighting excellence, and enhance strategic partnerships. The CNO’s NAVPLAN plots a sustainable course for the U.S. Navy’s
operations and investments to accelerate America’s advantage at sea. The CMC’s Force Design is a modernization effort meeting
the demands of the NDS, with the Marine Corps remaining the Nation’s expeditionary crisis response force.

The FY 2024 request delivers the resources necessary to operate, build, train, and equip a combat-credible, dominant naval
force to keep the sea lanes open and free, deter conflict, and when called upon, decisively win our Nation’s wars.

HIGHLIGHTS
• Provides for a deployable battle force of 293 ships in FY 2024 (118 surface combatants, 68 submarines, 36 support ships, 31
combat logistics, 29 amphibious, and 11 aircraft carriers).
• Procures 9 battle force ships in FY 2024 (1 SSBN 826, 2 SSN 774, 2 DDG 51, 2 FFG 62, 1 T-AO 205, and 1 AS(X)) and 55
over the FYDP. Funds 5 other construction efforts (2 LCU 1700, 1 LCAC SLEP, and 2 used Sealift).
• Procures 88 fixed-wing, rotary-wing, and unmanned aircraft in FY 2024 (16 F-35B, 19 F-35C, 26 METS, 2 KC-130J, 15 CH-
53K, 2 MQ-4C, 3 MQ-25, and 5 MQ-9A) and 410 over the FYDP.
• Accelerates key priorities of the USMC Force Design for equipment modernization, talent management reform, and training and
education reform to meet global threats and be “most ready when the Nation is least ready.”
• R&D provides continued investments to deliver promising technologies including Next Generation Air Dominance, SSN(X),
DDG(X), unmanned vehicles, JSF, and cyber security.
• Taking Care of People funds a 5.2% pay increase for military and civilians matching the employment cost index, expands
commitment to Sailors & Marines mental health resources, and increases efforts to prevent sexual assault and harassment.
• Investing over $1B annually to create a continuum of learning that develops leaders at every level.
• Military Construction funds 35 projects (19 Active Navy/14 Active MC/2 Reserve MC) for new platforms, Shipyard
Infrastructure Optimization Plan, recapitalization of aging infrastructure, safety/environmental compliance, and child
development centers.
• Family Housing funds 2 construction projects, maintains 8,530 government owned units/1,659 leased units, and planning and
design for projects in Guam, Japan, and Washington D.C.
• Sustains current readiness in key accounts: ship maintenance ($13.9B)/100% of requirement; ship operations ($7.0B)/97% of
requirement/58 days deployed qtr/24 days non-deployed qtr; flying hours ($10.7B)/90% of requirement; air depot maintenance
($1.9B)/91% of requirement; Marine Corps depot maintenance ($0.2B)/100% of requirement; and facilities sustainment,
restoration, and modernization ($4.5B)/87% (Navy) & ($1.2B)/54% (USMC) of sustainment requirement.
• Divestments reflect a reduction of 11 ships, including the decommissioning of 4 ships at or beyond their end–of service life as
we commit to more lethal, more modern platforms.

Key Messages Facts & Figures

• We are strengthening our maritime dominance so that
we can deter potential adversaries, and if called upon,
fight and win our Nation’s wars.
• We are building a culture of warfighting excellence,
founded on strong leadership, which is rooted in
treating each other with dignity and respect.
• We are enhancing our strategic partnerships, across the
Joint Force, with industry, academia, and our Allies
and partners around the globe.
• Investing in the Navy and Marine Corps today is a
down payment on America’s security tomorrow.
•$255.8B FY 2024 (+$11.0B/+4.5% from FY 2023)
o $60.6B Military Personnel (+$2.5B/+4.3%)
o $84.6B Operation & Maintenance (+$3.1B/+3.8%)
o $76.9B Procurement (+$4.3B/+6.0%)
o $26.9B Research and Development (+$0.9B/+3.4%)
o $6.8B MILCON/Family Housing (+$0.3B/+4.4%)
o 347,000 Active Navy end-strength (+5,264 ES)
o 172,300 Active Marine Corps end-strength (+153 ES)
o 57,200 Reserve Navy end-strength (+983 ES)
o 33,600 Reserve Marine Corps end-strength (+530 ES)
o 226,955 Civilian full-time equivalents (+701 FTE)

https://www.secnav.navy.mil/fmc/fmb/Pages/Fiscal-Year-2024.aspx